Category Archives: recessions

Prepare yourself. Buy physical silver and storable food. Interest rates will rise quickly and those hikes are going to be pretty big. Those with home equity loans, credit card debt and other variable rate loans will soon feel the pinch in their wallet, forcing them to cut back in other areas if their finances are […]

Even though the nations of the world are very deeply divided on almost everything else, somehow virtually all of them have been convinced that central banking is the way to go. Today, less than 0.1% of the population of the world lives in a country that does not have a central bank. Do you think […]

If there is one common theme across sellside previews of tomorrow’s nonfarm payrolls number, expected at 180K after a surprising jump to 209K in July, it is to brace for disappointment, or in Wall Street parlance, “downside risks.” And it’s not because of Harvey which hit the US far too late in the month to […]

Thanks to a surge in government spending in Q2, Canada's GDP grew at 4.5% SAAR. This is the best growth since Q3 2011 and is the best growth of all G-7 nations in Q2. This is higher than the highest economist estimate… Bloomberg reports that Canada’s consumers, benefiting from a buoyant jobs market and rising […]

Authored by Lakshman Achuthan and Anirvan Banerj via Bloomberg.com, Two things bear most of the blame: external shocks and economic volatility. The U.S. managed to avoid recession after the financial crisis, but Japan has succumbed to three contractions since 2009. Economic volatility is a key reason for this divergence, and that tells us a great […]

If you have ever wondered why our leaders in Washington D.C. seem to act so strangely, the truth is that it almost always comes down to just one thing. It has been said that “money makes the world go round”, and that is definitely true in Washington. This year the federal government will spend more […]

Authored by Adam Taggart via PeakProsperity.com, Steen Jakobsen back on, Chief Investment Officer of Saxo Bank, returns to the podcast this week to share with us the warning signs of slowing economic growth he's seeing in major markets all over the world. In his view, the world economy is sputtering badly. So badly, that he's […]

While many “conventional” indicators of US economic vibrancy and strength have lost their informational and predictive value over the past decade (GDP fluctuates erratically especially in Q1, employment is the lowest this century yet real wage growth is non-existent, inflation remains under the Fed’s target despite its $4.5 trillion balance sheet and so on), one […]

Despite expectations (among 19 'economists') that growth would be up 1.0% in Q1, South African GDP tumbled 0.7% (the second drop in a row) pushing the nation back into recession after eight years. The median of 19 economists’ estimates in a Bloomberg survey was for 1 percent expansion. There was only one forecast for a […]

How can a company that is going to generate $2,000,000,000 in negative free cash flow in 2017 be worth 70 billion dollars? Netflix has soared in popularity in recent years, but so have their financial losses. Just like during the original tech bubble, investors are ignoring basic fundamentals and are greatly rewarding firms that are […]